The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Financial Services Financial And Insurance Activities Financial Service Activities, Except Insurance And Pension Funding 64.19 - Other monetary intermediation
170 jobs Number of planned job creations
Announcement Date
1 April 2019
Employment effect (start)
1 April 2019
Foreseen end date
Description
The banking and insurance company Intesa San Paolo announced the hiring of 170 new staff recruited through the new recruiting game 'Make It Real' developed by the company to select candidates.
The workers will first enter the company through a 6 months internship, and then be hired as financial consultants with a mixed contract, a new hiring instrument which combines a part-time open ended contract with a self-employment contract.
These new hirings are part of a broader recruitment wave which will involve 300 workers in total, all to be hired through the new mixed contract.
Intesa San Paolo is an Italian multi-national group which employs around 97,000 workers, almost 73,000 in Italy and 24,000 worldwide; the bank has a total of almost 5,300 branches worldwide.
Eurofound (2019), Intesa San Paolo, Business expansion in Italy, factsheet number 97577, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/97577.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
